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2100 Bartow Ave, Bronx, NY,...

Stephanie Coleman Of JLL Leases Office Space At 2100 Bartow Ave, Bronx
LEASEDOffice

Stephanie Coleman Of JLL Leases Office Space At 2100 Bartow Ave, Bronx

2100 Bartow Ave, Bronx, NY, 10475

Building Size

37,500 SF

Asset Type

Office

Closing

Aug 18, 2021

AI

The office property located at 2100 Bartow Ave, Bronx, NY, 10475, in the Bronx market, has a total square footage of 37,500. Prestige Properties and Development Co. is the landlord of this office asset, leased on 08/18/2021. The leasing deal was facilitated by Stephanie Coleman from JLL.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Landlord: Prestige Properties and Development Co.
  • Square Feet: 37,500
  • Landlord's Representative: Stephanie Coleman (JLL)

The leasing of the office space at 2100 Bartow Ave was successfully concluded in the Bronx market. Stephanie Coleman, representing JLL, played a key role in the transaction, ensuring a smooth process for Prestige Properties and Development Co.

Players

Stephanie Coleman

JLL

Broker

2 deals

Broker
PC
Prestige Properties & Development CoLandlord

Bronx Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93